Showing posts with label kw. Show all posts
Showing posts with label kw. Show all posts

Wednesday, February 03, 2016

Want $2,000 to $12,000 more (or even $25k-$50k for luxury properties) when you sell your property?

ATTENTION Home Owners:
Thinking of selling your property? WHY are you waiting?????


Here are the FACTs and
staggering statistics to YOUR pocket book:


Special message from Brad Korn: Please keep in mind this information is not available to just anyone and the interpretation of the following charts is not known by 95% of the realtors in the area. This is information we know because The Korn Team is selling 4x's more real estate than the average agent. Now you can take advantage of our experience and when you contact us, we will share with you our strategy to get our sellers the most money possible when they sell their homes.

Now is the time to get MORE for your property and get a HIGHER sale price, about 2% higher to be exact. On a $200k home, that is an extra $4,000 that could just not be there. In fact, you will see that this is really more like $12,000 if you do the smart thing, and call the Korn Team who has sold over 2,500 homes over the past 25 years and continues to sell an average of 100 properties each year averaging 98.8% of our list price on Korn Team listings sold. Look at our statistics for sales between the months of November - March at www.kornteam.com/holidays

Here are the current 4th Quarter numbers and what they mean to you as a home owner thinking of selling anytime in the next 6 months to 1 year. Now may be the absolute best time for you to consider selling. You will get more equity from your home AND trade up to a larger home with the lower interest rates.

Interesting statistic: If the interest rate goes up 1% and you are buying a 180k home, you would pay $10,000 more for that home (and the sad thing is it is all interest).

4th Quarter Statistics: provided by the Kansas City Regional Association of Realtors.


 
For Kansas city home owners, the pending sales are up over 13% which means more buyers where making offers on properties in the current market and if you compare that to the actual CLOSED sales, that were only up about 3% there are 3x's MORE buyers writing offers on properties right now. If you thought things slow down over the winter months... you may have missed out on an opportunity for more buyers than ANY other quarter (by the way, this market will continue from January through March. Check out www.kornteam.com/holidays where the Korn Team sold over 280+ properties during the months of November thru March and averaged 98.8% of list price. More easily said, the Korn Team can get you almost 1% higher sale price over all other months throughout the year, and that is 3-4% higher sale prices over the market average.



The current ACTIVE, for sale inventory is DOWN over 27%. Again... LOOK at what this means to you if you are waiting till Spring to sell your home. The number of homes for sale is DOWN 27%, the Pending Sales are UP 13% and when you see the final numbers... you may want to pick up the phone and call The Korn Team right now!!! If you wait till Spring, you could be missing out on $4k-$12k IN YOUR POCKET when you use the Korn Team to help you take advantage of the current market conditions and put together a strategy that will get you the more money than you should be able to get. Remember: it cost you nothing to meet with us, and it could cost you a LOT if you don't! Our strategy meeting is free. We can give you a no cost, no obligation, Brokers price opinion and strategy plan to beat the market.

Another recap: When Supply is LOW and demand is HIGH... that is the perfect time to sell. If you see in the green box, according to the KCRAR reports, Seller activity is going to go up because of the low supply. If you wait until more sellers come on the market, the supply will go up, and if the demand stays where it is, the buyers will have more choices. Simple economics show that when supply is UP and demand is DOWN, or lower now because more properties are for sale now,  the buyers have more choices and will make slightly lower offers AND you will have to seriously consider, or they will go buy their next favorite property.




Here are the numbers that should matter to you, the home owner thinking of selling in the next 6 months to 1 year: Sale prices have gone up 6% and the sellers in Oct-Dec are getting 1% HIGHER sale prices. You will NOT see this after April or May. You have a JUMP On the market right now to  
    #1) Get MORE money when you sell.
    #2) Get MORE house when you buy.

There has never been a time when you can SELL HIGH and BUY LOW. Economics does not allow the 2 to co-exist. Well, right now in the current market conditions, you can sell as high as you are going to, at least until April or May. By June all the summer sellers will be hitting the market driving the supply UP and giving buyers WAY MORE choices. AND....until April or May, because the current inventory is the lowest it has been, and pending sales are way up, AND the list price to sale price ratio is 1% higher AND the interest rates can still be in the 4% range... you are in the best, closest market we will ever see for a Sell Highest you can in this market, and Buy Lower than we have ever seen in any other market. This is the closest market condition where both are existing together.

visit www.kornteam.com for more information about us
call (816) 224-KORN (5676) to schedule a one on one, no cost, no obligation price opinion for your property in the current market conditions.











Wednesday, May 29, 2013

5 Reasons to Sell Now: Reason #1: High Demand

Five Reasons You Want to List Your Property TODAY!
 
There is High Demand Right Now
 
You have seen in and heard it in the news. The real estate market is "picking up" and it is "busy out there". That is true! One thing The Korn Team discusses with their seller clients is that Real Esate is really just Economics 101. Remember when you learned about Supply & Demand? That is what Realtors like Brad Korn are sharing with his clients in the Greater Kansas City areas of Blue Springs, Lee's Summit & Independence Missouri.
 
 
 
the fact is since 2007 more and more homes have been selling at an increasing rate. In fact, in July of 2007 The Korn Team at Keller Williams Realty broke an all time record for most properties sold in their office in one month. Brad & his team sold and closed 25 transactions in just one month. That was a sign that the inventory levels of homes for sale were beginning to shrink. When we all learned about supply and demand, we learned that when supply is low and demand is high, prices will rise. From the end of 2005 through 2007 the supply of homes was increasing. It took until 2007 for buyers to realize that the interest rates were incredible low and the inventory levels were high enough that we were seeing some great "deals". What we also learned in Econ 101 in the Supply/Demand class was when you have a large supply and low demand prices begin to fall.
 
The National Association of Realtors (NAR) recently released the Existing Home Sales Report and they found the year end sales for 2012 had increased by 9.2% over 2011 sales. The Korn Team is are selling an average of 10 homes each month. That equates to an average of 100 properties each year for the past 10 years and over 1,500 properties in our 20+ years of selling real estate. Brad & his team have helped our clients take advantage of the current market condition by getting more exposure to a seller's home. When we get more exposure than anyone else, The Korn Team helps their home owners get their property sold faster and in some cases, when positioned properly in the market, you can get multiple offers on your property.
 
Interpreting the market is where we help you best. We can give you a no cost, no obligation Broker price opinion on you property and let you know what costs you will have as a seller to see if selling now makes sense for you. You can contacts us directly to schedule a convenient time to meet at (816) 224-KORN (5676) or send us an email at brad@kornteam.com or from our website at http://thekornteam.yourkwagent.com/atj/user/SellerFormGetAction.do
 
We look forward to working with you when you are ready to sell.
 
Brad Korn & The Korn Team

Monday, October 22, 2012

Maximize Wealth Building Strategy thru Real Estate

Some of the strategies discussed in the book HOLD by Gary Keller on
how to get started to
maximizing your wealth building strategy
through real estate
are:

  • Use your 401(k) to purchase rental property
  • Refinance to invest
  • Ask grandparents to buy rental properties for grandchildren
  • Examine and reduce your expenses
  • Live on a budget below your means
Some Financing strategies include:

  • Purchase properties with a 15-year mortgage
  • Accelerate your debt pay down - regardless of your mortgage length (paying extra when you can)
  • Use interest-only loans for cash flow
  • Take advantage of self-directed IRA's and buy real estate rentals

What types of properties work best according to the book HOLD?

  • Investment in single-family homes
  • Buy "fixer-uppers" and make improvements
  • Sell one property and buy two others
  • Buy your retirement home now - have your tenant pay it off
  • Exchange out-of-state investments for properties in a stronger growth area
  • Use lease purchases - increase cash flow
  • Buy foreclosures and short sales for instant equity

Let The Korn Team help you get started and take action. We have 13 questions you should answer before you get started on your real estate wealth building plan.
Get the 13 Questions you should ask yourself and know before you begin investing
registering is FREE, just complete your information and click "SUBMIT" and we will send you the questions

Thursday, February 23, 2012

interview with Brad Korn, The Korn Team, Keller Williams:
What advice would you give to individuals trying to sell an older home in this market?

 


Before you spend a lot of money, we need to truly evaluate the “return on investment” in any money being spent just to sell. An older home can look and compete if the seller first does some easy things without spending money. The main thing is to STAGE the house. When The Korn Team says “stage” we mean pack up everything! Well, really our general rule of thumb is no more than 1-2 things on every wall, shelf, flat surface, etc. AND there are 2 rules that go along with that. #1- no personal or family photos anywhere. #2) nothing sitting out that reminds the buyer they are in someone’s home. Buyers are uncomfortable ‘snooping’ through a total strangers’ home. Put the daily things you need, coffee pots, toasters, toothbrushes in the cabinet. Heck, just pack everything up that you don’t need for the next 30-60 days and put the daily needs in the cabinets. You are moving, right?
Don't just trust anyone with your equity. National Board of Realtors track that the average agent only sells 4-6 properties per year. Unfortunately, many Realtors don't sell enough houses each month to truly help home owners take advantage of a market or give you the real true advice you need to hear. The Korn Team has average around 100 sales per year for the past 7 years. We know what it takes to get the most equity out of a market. You can get a free, no obligation evaluation by contacting us at (816) 224-KORN (56756) or visit our website at www.kornteam.com. We can schedule a convenient time to meet and evaluate how your home will compete in today's market.
interview with Brad Korn, The Korn Team, Keller Williams:
How do you feel being the nicest home in the neighborhood affects the ability for the home to sell?

My normal response in a market like this is that “you do not want to be the castle in the neighborhood” and therefore if someone ‘TRULY’ has the nicest house in the neighborhood, they need to realize that is not going to help them. The only way this can help is if they were the only house for sale…or there is very low inventory AND everyone currently on the market is way overpriced. Remember, it is truly about Suppy & Demand…NOT 3 most-like comparable sales. Let me explain. If you have 12 homes for sale, and use the 3 highest sales as comps…we can justify why someone would price higher, but what about the true read on the market that there are 9 more sales lower.

We help a seller with the nicest home in the neighborhood realize that they are going to get just a little bit more than the other homes if they have incredible updates, however, hopefully they have some enjoyment value from living in an incredible house.
If you feel your home is one of the nicest homes in a neighborhood, be sure you contact The Korn Team at (816) 224-KORN (5676 or visit our website and reach us at www.kornteam.com. We can help you determine if you can put more equity in your pocket. Do not list with anyone else until you have met with us. Our meeting is not a sales pitch..it is an evaluation of your currrent situation and we help over 100 home owners and home buyers get the most out of these market conditions every year.

Friday, February 25, 2011

Will Sell Your House for FREE!!!

We just had a call from a potential client that has an upper bracket home to sell. Since we met and discussed the marketing program The Korn Team uses to get homes sold, the owner received some enticing offers from other Realtors. We showed the homeowner how we are getting more exposure to our clients properties which means more people see our clients homes AND because more people see our homes, our clients are reaping the benefits of 3-4% more equity than our competitors in the same marketplace.

You see, 90% of all agents truly do not spend any more money than they have to to get more exposure to a property. National Association of Realtors states that the average agent is selling 4-6 properties each year. That is only one sale every 2 months. There just is not enough margin in Real Estate to make a decent living AND have money to spend on marketing. Now, the reality is that most full time agents might be selling 12-20 homes each year. If half of those are buyers, that means they are helping only 6-10 sellers sell their home each year. Again, that is only 1 sale every couple months. It is truly hard to get the experience and become the BEST if you are only doing something once or twice a month.

As a home owner, your equity can disappear quickly...and it disappears by the THOUSANDS!!! Contracts don't get negotiated for a couple hundred here, couple hundred there...it is a Thousand here AND a Thousand there...

So, what was the enticing offer?
After talking, this homeowner mentioned that a Realtor from their church had offered to sell their home for FREE! Wow, really, free is awesome....if the Realtor will get the house sold, and get them the most money. I asked, my soon to be new seller client, who was the agent? Let's see if they have sold a lot of properties. The home owner did mention that this was a pretty successful agent and had seen their stuff around quite a bit, and knew them from church or school (can't remember which they said). I had heard of the agent before so I they have probably been selling real estate for a little while. When I pulled up the sales from the Multiple Listing service, we found that in the past 14 months, this realtor had only sold FOUR homes (that were listings). "Is that really who you want helping you sell your upper bracket home?", I asked.

When a home owner is hiring someone to sell their property, you think you would want someone that sells a LOT of homes. Not just homes (because that could be a lot of buyers), but homes they were marketing to sell. I even went back over the past 26 months and this agent sold 7 listings (14 total sales including buyers). That is a home every 2 months. The Korn Team in that same time frame had sold and closed 100 properties (not counting the buyers we have helped buy homes) and averaged between 97%-98% of our clients' asking price. That was just the signs we put in yards and marketed to sell. FREE sounded great, however, when you think about it...who really can market your property to get you top dollar and do it for free? If anything, you will be leaving equity on the table because all the marketing that needs to be done can get done for free. It costs money to make money.

In today's market (and truly, even in great markets) we have watched home owners sell homes fast in hot markets and we have seen homes sit on the market with no activity....Our homes get shown because our marketing definitely gets our listings in front of more potential buyers. We get our properties sold faster and for more money because we find buyers other typical agents may miss. Brad always says, "if you get more eyeballs on the property, you will get more for the proeperty and sell it for the most the market will bear."

Don't take ANY chances with your equity. There hasn't been much in the past few years, and every thousands of dollars in equity you have in your property is yours to get. You just have to have someone that is not afraid to spend money and focus on marketing that will get you the most exposure possible for your property. It costs nothing to meet with The Korn Team and it might make you THOUSANDS!

Take your interview process very seriously. There are so many things you need to be aware of when considering marketing your home or property.

You can see how the Korn Team markets properties at http://www.kornteam.com/ and click on featured properties. We take over 100-150 photos of our listings. We use wide angle lens and photo software to show our properties off. We have virutual tours, best positioning for print media, upgraded websites on the real estate sites that matter and we have 24/7 marketing for our clients where buyers can get information about the property. More exposure means more equity. Call The Korn Team today for your free, no obligation market evaluation. You can find us online or call directly at 816-224-KORN (5676)

The Korn Team
http://www.kornteam.com/
(816) 224-KORN (5676)